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re: Official CryptoTalk Thread

Posted on 3/1/21 at 12:06 pm to
Posted by 21JumpStreet
Member since Jul 2012
14873 posts
Posted on 3/1/21 at 12:06 pm to
Yea, I've been trying to find projects with the best leaders.
Posted by rocket31
Member since Jan 2008
41887 posts
Posted on 3/1/21 at 12:11 pm to
my man. that's why I'm pretty high on BNB. cz knows how crypto marketing works better anyone imo

in another angle, this is also why being high on bitcoin makes sense - there is not any CEO to frick up your portfolio
Posted by Raz
Member since Oct 2006
8413 posts
Posted on 3/1/21 at 12:41 pm to
Is coinbase pro the way to go for getting money in and trading? Or is there better?
Posted by finchmeister08
Member since Mar 2011
39882 posts
Posted on 3/1/21 at 12:45 pm to
I use Coinbase Pro and Binance.us. When/If Coinbase Pro adds VET tot he exchange, I will be all in on Coinbase Pro.

I'd say these are the ranked exchanges, but I'm fairly green around here:

1) Coinbase Pro
2) Binance.us
3) Kucoin
4) Gemini

eta: i think the word on the street is is that Coinbase Pro has cheaper fees for adding $$$ and that might be why it's #1.
This post was edited on 3/1/21 at 12:46 pm
Posted by VoxDawg
Glory, Glory
Member since Sep 2012
75769 posts
Posted on 3/1/21 at 12:46 pm to
Love Binance's lower fees. That's my #1 gripe with Coinbase, but being able to convert coins is legit.
Posted by SwampdogDC
Member since Jan 2005
1882 posts
Posted on 3/1/21 at 12:47 pm to
I couldnt get binance to send me verification textor email. anyone else have this problem?
Posted by finchmeister08
Member since Mar 2011
39882 posts
Posted on 3/1/21 at 12:49 pm to
binance.com or binance.us? there's a 3 step verificaiton on the .us site and it took almost a week to get past my DL/ID verification. had to send an email to their support team to push it through.
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13432 posts
Posted on 3/1/21 at 12:56 pm to
quote:

LMFAO, nobody is "using" ethereum.

What are you talking about? The reason gas is so high is because it has too much demand for block space
Posted by finchmeister08
Member since Mar 2011
39882 posts
Posted on 3/1/21 at 1:08 pm to
quote:

What are you talking about? The reason gas is so high is because it has too much demand for block space


this is me trying to understand what you guys are talking about.



Posted by Raz
Member since Oct 2006
8413 posts
Posted on 3/1/21 at 1:19 pm to
quote:

this is me trying to understand what you guys are talking about.


Same
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 3/1/21 at 1:22 pm to
The supply of miners is lower than the demand requires. Thus, gas fees go up.
Posted by CE Tiger
Metairie
Member since Jan 2008
41893 posts
Posted on 3/1/21 at 1:30 pm to
quote:

What are you talking about? The reason gas is so high is because it has too much demand for block space



Don’t argue man we are all just a bunch of noobs getting our first taste of the crypto market
Posted by finchmeister08
Member since Mar 2011
39882 posts
Posted on 3/1/21 at 1:30 pm to
should i become an ETH miner then? is it profitable right now?
Posted by ChuckO1975
Member since Feb 2021
1292 posts
Posted on 3/1/21 at 1:37 pm to
quote:

do you hold a long for any coin or do you just trade?



I do both. I DCA a few different coins, and I have my trading bags as well.

Bitcoin/ETH/Monero/IOTA are a few of my longs. Yes, IOTA is the most painful long lol.
Posted by dagrippa
Saigon
Member since Nov 2004
12089 posts
Posted on 3/1/21 at 2:10 pm to
quote:

should i become an ETH miner then? is it profitable right now?


If you already have the 3080 card, yes. A buddy of mine gets $15 per day mining eth. If you don't have the card hang it up.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 3/1/21 at 2:11 pm to
Probably not if you’re just starting
Posted by ChuckO1975
Member since Feb 2021
1292 posts
Posted on 3/1/21 at 2:22 pm to
quote:

What are you talking about? The reason gas is so high is because it has too much demand for block space



1. People speculating on the price does not constitute a user base.

2. Gas is high because Eth has such low throughput capacity, which makes it unusable for almost everything except #1 and selling shitty art. It's a shame that Vitalik spent all that money to clone virtually all of Bitcoin's problems.
Posted by Douglas Quaid
Mars
Member since Mar 2010
4120 posts
Posted on 3/1/21 at 2:23 pm to
quote:

IOTA is the most painful long


Posted by ChuckO1975
Member since Feb 2021
1292 posts
Posted on 3/1/21 at 2:23 pm to
LMFAO that GIF gets me every time
Posted by DallasTiger11
Los Angeles
Member since Mar 2004
13432 posts
Posted on 3/1/21 at 3:53 pm to
You said nobody is using it which is completely incorrect. Price has nothing to do with this
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